Prices for owner-occupied homes are rising less rapidly again

Prices for owner-occupied homes are rising less rapidly again
Prices for owner-occupied homes are rising less rapidly again

(ABM FN-Dow Jones) Existing owner-occupied homes in the Netherlands also became more expensive on an annual basis in August, but this increase has declined further in recent months. This was shown on Thursday from figures from the Central Bureau of Statistics and the Land Registry.

Homes were 11.9 percent more expensive in August than a year earlier. A month earlier, the increase was 14.5 percent and in June 16.6 percent.

In January of this year, house prices rose on an annual basis to 21.1 percent, the largest price increase since the first measurement in 1995. Since then, the strength of the increase has been declining almost every month.

Compared to the trough in June 2013, prices in August are still 99 percent higher.

Fewer transactions

The Land Registry announced that it registered 16,405 housing transactions in August. That is almost 5 percent less than a year earlier. In the first eight months of 2022, 124,127 homes were sold, more than 20 percent less than in the same period in 2021.

Source: ABM Financial News

From Beursplein 5, the editors of ABM Financial News closely follow developments on the stock exchanges, and the Amsterdam stock exchange in particular. The information in this column is not intended as professional investment advice or as a recommendation to make certain investments.

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